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So... what's new in PPP land, everyone? :)

So, firstly, I'm not an accountant but in my experience with this, a percentage of your rent and vehicle expenses can be attributed to your business. For home rent, it's the percentage of square...

What's the reasoning for that one?

I would be interested to know what the return rate is on B2B direct mail after so many businesses closed or worked from home in 2020!

lol, maybe not a good idea after see the highs and lows of today.

now i'm curious to hear if there's any that are the opposite, did it the first time but doesn't want to do the second round.

what's the rationale behind them not wanting to do it if they didn't do it before?

I was just thinking, will this tool eventually show this new round of loans too?

wait are you saying if you skipped the first round and decided you want to do this round, you can't unless you did the first one too?

Hi Sarah, it does not have to be through the same place. It might make it easier to do it through the same place though unless you had a bad experience the first time around.

5 years is such a short period of time. Have you considered that your business plans could change? But i'm assuming you're looking at what you can depreciate/amortize out of the cost and wondering if...

This is great!

Polarizing question I know, but what does everyone think? Who is better just at the small business level? Trump or Biden?

For search ranking or for converting visitors?

But is this cloud base? I thought Libre office was just localized software

I think it's a lost cause. I would give her negative reviews online, let it be, and just focus on your day-to-day business. Just my opinion.

Tell him to just form an LLC. It will be taxed the same but it can be helpful to shield him personally from legal liability.

Welcome totalvoicetech :). I myself just returned!

Who will be doing your taxes each year? Yourself or an accountant?

Very cool! I hope whoever went got their money's worth on the food there!

If you're going to pay yourself a regular W-2 salary, set up as an S corp. If you're just going to pay distributions from profits, choose an LLC.

You're not going to be able to distance yourself...

Welcome Ronnie

The IRS is more likely to question expenses if you are using an LLC for all sorts of purposes rather than a narrow definable business. Some consulting here, some real estate developing there etc...

Hi Lucas. welcome to the forum.

Who is in New York City right now?!?! Happy New Year!